Pre market analysis nifty
5JULY ANALYSIS:
[Today opening of banknifty is important]
[ Bullish market does not give opportunity to intraday traders, so positional view should be made and
when market does not give good opportunity, histotically it means market is getting ready for big move]
Nifty opens:
side: if market give upside breakout then buy (PS-50% )
sell on breakdown[Ps-30%]
gapup: wait for price-action if there is huge gapup buy on breakout (PS-50% )
gapdown: sell in big qty only when there is double confirmation[70%PS]
[Today opening of banknifty is important]
[ Bullish market does not give opportunity to intraday traders, so positional view should be made and
when market does not give good opportunity, histotically it means market is getting ready for big move]
Nifty opens:
side: if market give upside breakout then buy (PS-50% )
sell on breakdown[Ps-30%]
gapup: wait for price-action if there is huge gapup buy on breakout (PS-50% )
gapdown: sell in big qty only when there is double confirmation[70%PS]
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.